Make-or-Buy Decisions in Patent Related Services

Stefan Wagner

Discussion Papers in Business Administration from University of Munich, Munich School of Management

Abstract: Among the most prominent theoretical frameworks dealing with the economic underlyings of firms’ make-or-buy decisions are Transaction Cost Economics (TCE) and the Resourced Based View (RBV). Relying on panel data covering 107 European firms over eight years I test predictions from both TCE and RBV with regard to the outsourcing of patent related services simultaneously. Modelling the share of outsourced patent applications in a Negative Binomial Panel Regression Model I find joint explanatory power of both approaches. My findings support previous literature arguing for an integration of TCE and RBV to a comprehensive theoretical framework of firms make-or-buy decisions.

Keywords: outsourcing; patent attorney; make-or-buy; negative binomial panel regression (search for similar items in EconPapers)
JEL-codes: L22 L24 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-bec, nep-ino, nep-ipr and nep-pr~
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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